Horns247 Board

Paging Mr. Kabongo...

I saw someone post about this on another website and I completely agree:

A late first round, early second round contract is not life-changing money. It is a lot of money for someone who has never had money, but it will not set you for life. There's a reason so many former players are broke. Where the real life-changing money occurs is in that second contract. Spending the majority of your time in the D-League is not a good way to ensure that you get that pivotal second contract.

If Myck Kabongo's NBA dream is to get drafted, get stashed in the D-League for a year or two, then most likely live off of 10-day contracts then he should declare. It doesn't matter if an idiot GM will give him the money, it is up to him to then earn a spot on a team and prove he was worth the investment. Right now, Kabongo is not ready to do that in any shape or form.

some of you have no sense of what a million dollar contract looks like or sounds like to an 18-19 year old kid in their situation.

A lot of that presupposes that Myck has the talent to earn a significant second contract. How much will he improve at Texas should he stick around for one more year? The only thing it does is buy him more time before his next contract. But is it going to make him significantly more likely to stick at the end of 2-3 years? Obviously if he's at risk for going undrafted it makes no sense.

Developing in the D-League as a late first or early second isn't necessarily a career killer. CJ Miles parlayed a 2-year D-League stint plus a 5 ppg third year into $15 million. He's about to get a whole lot more in contract #3, too. Granted, maybe he's the one-in-a-million type guy.

Nine times out of ten, a Texas degree will be worth more in a lifetime than being a second round pick. At best you're clearing a few hundred thousand after taxes, agent fees, etc. If you don't earn the second NBA contract youre stuck overseas trying to make a living or broke and trying to go back and get a degree to get hired as a coach or change career paths. I understand the temptation of having that one time big check but its seldom pays off long term. Managing athletes money is almost reverse financial planning because you have your nest egg in your 20s or 30s not 60s. Most athletes and a lot of advisers can't manage that. That's why the bankruptcies are so prevalent in pro sports.

2 years at $ 2,200,560 isn't life changing? 2 years of work that would pay equal over 44K for the next fifty years? seems like that would be pretty life-changing. And thats only if his option isn't picked up when he would make even more money.

For me and you, yes it probably could and would be life changing.

For a rookie in the NBA, constantly traveling all over the country with "friends" who they need to help out and being surrounded by millionaires, it isn't.

There's a stat that 60% of NBA players are bankrupt within 5 years of retirement. You tell me, is that life-changing money?

Joseph has struggled to hit a jump shot at the NBA level which is surprising considering that was his strength in high school.

Parker was also a pro in France before he came over.
Speedy Claxton was the PG who helped rap up that series for the Spurs.
Parker was not trusted in 2nd half situations in that series especially game 6.
And thus the lust for Jason Kidd in the following offseason.